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Economic Development
Economic development refers to the process of improving the economic well-being of a region. It involves increasing wealth, reducing poverty, and enhancing living standards. This can be achieved through various means, such as industrialisation, infrastructure development, and education. In India, economic development has been influenced by historical events, government policies, and cultural factors. Sustainable practices are essential for long-term growth.
The Goods and Services Tax (GST), introduced in July 2017, was a landmark reform in India's indirect tax system. It replaced multiple State-level taxes with a unified State...
August 30, 2025
India faces rising global tariff barriers in key sectors like agriculture, pharmaceuticals, and electronics. The US has criticised India’s relatively high tariffs and imposed punitive duties related to...
August 30, 2025
India faces a critical moment in its economic journey amid a shifting global order. The state has maintained resilience but lacks decisive reform. Meanwhile, Indian capital struggles to...
August 30, 2025
The imposition of 50% tariffs by the United States on Indian imports from August 27, 2025, has affected India’s export economy. Labour-intensive sectors with high export volumes to...
August 30, 2025
The Government of India has announced reforms to the Goods and Services Tax (GST) system. The current multi-tier GST rate structure will be simplified to mainly two slabs...
August 30, 2025
India’s health-care sector in 2025 faces a critical challenge. It must expand access to millions underserved while keeping care affordable amid rising costs. The solution lies in an...
August 30, 2025
India faces a critical challenge as its education system struggles to keep pace with the rapid changes driven by Artificial Intelligence (AI) and emerging technologies. The mismatch between...
August 30, 2025
India’s biotechnology sector marked milestone in 2025 with the completion of one year of the BioE3 (Biotechnology for Economy, Environment and Employment) Policy. The government launched the BioE3...
August 29, 2025
India is set to become the world’s second-largest economy by 2038 in purchasing power parity (PPP) terms. This forecast emerges despite the recent imposition of 50% tariffs by...
August 29, 2025
The US government imposed additional tariffs on Indian imports linked to Russian oil in 2025. This move followed earlier reciprocal tariffs and has raised concerns about fairness and...
August 29, 2025
